Italy endorses China's Belt and Road plan in first for a G7 nation

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Italy endorses China's Belt and Road plan in first for a G7 nation
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Italy signs contested Belt and Road accord with China

Chinese President Xi Jinping shakes hands with Italian Prime Minister Giuseppe Conte as he arrives at Villa Madama in Rome, Italy March 23, 2019. REUTERS/Yara Nardi

The signing ceremony was the highlight of a three-day trip to Italy by Chinese President Xi Jinping, which has boosted ties between the two nations at a time when the United States is locked in a trade war with China. Italy’s populist government, anxious to encourage exports and investment as the economy suffers its third recession in a decade, has played down such worries and gave Xi a red-carpet welcome normally reserved for its closest allies.

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